DLS 0.00% 69.0¢ drillsearch energy limited

Ann: June 2015 Quarterly Report Conference Call, page-31

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  1. 2,668 Posts.
    lightbulb Created with Sketch. 45
    So we all have an inkling on what is going on.....

    Meanwhile back at the ranch....

    BPT have employed MacBank for a slice in the action

    Good ol' MacBank, acting with total impartiality, send out a little note downgrading DLS because they feel that in their heart of hearts that DLS was going to be an under performer.

    "Oh look", the MacBank brainiacs state with amazement, "DLS just fell 11.5% I wonder what could have caused that. How fortuitous for us because our client BPT, who we just signed with, was possibly looking at taking DLS over. Now we can buy it at a heavily discounted price. Strange how that happened".

    It's hard not to be cynical in these markets and it's hard to listen to people that just make up complete rubbish which supports the notion that these market are fair, equitable and transparent and that somehow what happened last week to DLS was justified. I'm not sure what planet they live on.  Still nothing from the ASX about last Friday's trading. Such professionals.

    It is a dog and pony show extraordinaire.

    It will be interesting to see how this plays out. I can only hope that Goldman and UBS have bigger guns and bigger brains than the brainiacs at MacBank because that is what it is coming down to.

    Cheers
    BW
    _______________________________________________
    There are known knowns. These are things we know that we know.
    There are known unknowns. That is to say, there are things that we
    know we don't know. But there are also unknown unknowns. There
    are things we don't know we don't know.
 
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